Commodity Channel Index
Previous Close | 37.85 |
Open | 38.03 |
Bid | 39.51 x 1400 |
Ask | 40.00 x 1000 |
Day's Range | 38.00 - 39.99 |
52 Week Range | 29.73 - 63.00 |
Volume | |
Avg. Volume | 3,988,623 |
Market Cap | 12.705B |
Beta (5Y Monthly) | 1.68 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.29 |
Earnings Date | Aug 03, 2023 - Aug 07, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 02, 2020 |
1y Target Est | 45.50 |
SAN JOSE, Calif., May 24, 2023--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conference:
By Louis Juricic and Sarina Isaacs
Western Digital (WDC) and Kioxia Holdings are moving forward with talks in a bid to improve their competitive position and weather the current market pressures.
Stocks rallied to close higher on Monday, led by technology stocks, as investors await the second round of high-level debt ceiling negotiations at the White House on Tuesday. The Dow Jones Industrial Average gained 48 points or 0.
Most of Western Digital flash-memory chips are produced by the company's joint venture with Japan-based Kioxia.
Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics Co, Ltd (OTC: SSNLF). The planned merger will also likely draw anti-trus
Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world's No. 2 and No. 4 players. Japan's Kioxia and U.S. chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.
Q3 2023 Western Digital Corp Earnings Call
Challenging flash pricing environment affects Western Digital (WDC) fiscal third quarter top line.
Western Digital Corporation (NASDAQ:WDC) beat revenue expectations and posted a narrower-than-expected loss for the fiscal third quarter. The company, which makes data storage devices, said third quarter revenue was $2.8 billion, at the high end of its guidance range. Analysts expected the company to report a third quarter adjusted loss per share of $1.57 on revenue of $2.7B.
Image source: The Motley Fool. Western Digital (NASDAQ: WDC)Q3 2023 Earnings CallMay 08, 2023, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon and thank you for standing by.
Western Digital (WDC) delivered earnings and revenue surprises of 11.61% and 1.39%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Chipmakers across the board including Intel Corp have said cloud spending is weakening. Seagate Technology Holdings, which makes hard disks for storage like Western Digital, last month said it was seeing a "more elongated customer inventory correction" and that it expects demand recovery to begin only towards the end of 2023. While memory chipmakers have been cutting production to alleviate oversupply and prop up memory chip pricing, a weak global economic outlook has clouded the hopes for a quicker recovery.
Memory chip firm Western Digital Corp forecast fourth-quarter revenue below Wall Street estimates and a bigger current-quarter loss, signaling that memory chip demand will take longer to recover as cloud spending also shrinks. Chipmakers across the board including Intel Corp have said cloud spending is weakening. Seagate Technology Holdings, which makes hard disks for storage like Western Digital, last month said it was seeing a "more elongated customer inventory correction" and that it expects demand recovery to begin only towards the end of 2023.
SAN JOSE, Calif., May 08, 2023--Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2023 financial results.
Western Digital Corp (NASDAQ: WDC) updated on Friday a network security hack involving its systems. On March 26, 2023, WDC identified a network security hack where an unauthorized third party accessed several of its systems. On April 2, 2023, WDC disclosed initiating an investigation with the assistance of leading security industry experts. The company proactively disconnected its systems and services from the public Internet. WDC is progressing through its restoration process, and most impacted
Western Digital said it is progressing through the restoration process and majority of the impacted systems and services were operational. The "unauthorized party" obtained customer names, telephone numbers and partial credit card numbers from its systems, Western Digital said in a statement.
SAN JOSE, Calif., May 05, 2023--Western Digital Corp. (NASDAQ: WDC) today provided an update on a network security incident involving the Company’s systems.
I’m usually a big fan of tech stocks. The tech sector enjoyed huge returns from 2016 to 2021, as seen by the tech-heavy Nasdaq composite’s gain of more than 200%. And even though the sector has been down since those heady days, I’m not ready to write off the entire sector. You have to know which tech stocks to avoid. Because while there are still some attractive buys in the tech sector, there are also plenty of stinkers. Tech stocks fell throughout 2022 thanks to higher interest rates, rising in
Western Digital's (WDC) third-quarter fiscal 2023 performance is likely to have been affected by challenging macro environment and inventory corrections by customers.
In this article, we discuss 10 best computer hardware stocks to buy now. If you want to see more stocks in this selection, check out 5 Best Computer Hardware Stocks To Buy Now. According to The Business Research Company’s “Computer Hardware Global Market Report 2022,” the size of the computer hardware market increased from $1,129.39 […]
SAN JOSE, Calif., April 20, 2023--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2023 financial results after the market closes on Monday, May 8, 2023. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com.
Western Digital Corp (NASDAQ: WDC) hackers are claiming a ransom — of a "minimum 8 figures" in exchange for not publishing 10 terabytes of data stolen from the company. The data stolen includes reams of customer information, TechCrunch reports. On April 3, Western Digital updated on a network security incident identified on March 26, 2023. An unauthorized third party accessed several of the company's systems in connection with the ongoing incident. Also Read: Cybersecurity Firm Warns Financially
Western Digital Corporation ( NASDAQ:WDC ) saw a decent share price growth in the teens level on the NASDAQGS over the...
Global COVID-19 shutdowns affected everything from energy costs… the global supply chain… manufacturing… shipping times… whether or not you could find toilet paper at your local grocer… And with the rapid rise of remote work at the beginning of the pandemic, personal computer (PC) sales also saw a huge boost. Three years later with much of the world back in the office combined with record inflation and recession fears, PC sales are taking a huge hit.InvestorPlace - Stock Market News, Stock Advic